Disliked{quote} up until now. you still do not get the point of the margin that is required to execute your strategy.Ignored
-tah
- #48,621
- May 11, 2013 3:11am May 11, 2013 3:11am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #48,624
- May 11, 2013 3:39am May 11, 2013 3:39am
- Joined Feb 2011 | Status: Trader | 1,825 Posts
PVSRA Results for 1st Six Weeks-tah
- #48,625
- Edited 4:19am May 11, 2013 3:58am | Edited 4:19am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} mmmm... maybe you need trade explorer
-tah
{quote} up until now. you still do not get the point of the margin that is required to execute your strategy.
The way I see it, what's the difference in having ONE trade at say 0.06 or having SIX trades (entries) at 0.01?
Except for the fact that each added entry is progressively more valuable than the entry that preceded it.
In my possibly mixed up mind, that's INGENIOUS!
There is no greater margin required by either of the two choices, and in fact, the level of risk is DECREASED
by trading with multiple entries that, as a whole, equal the same original targeted trade amount of 0.06.
Correct me if I'm seeing it wrong.
- #48,629
- May 11, 2013 4:15am May 11, 2013 4:15am
- Joined Feb 2011 | Status: Trader | 1,825 Posts
{quote} No, I don't. As a matter of fact, back when Forex Factory was beta testing they asked me if I would like to participate and help them. I turned down their offer for the same reasons I still have for not using it now. And I have fully explained my reasons in past posts. Those posts are still there, so you can find them and read them if you like. It boils down to this. I am a busy man. I have set the ways to do various things and I have been doing them in that set manner for a very long time. I have no plans to change the way I do things because...
, yea.. i know what you do , as long as 100:1 lev and correct lot , need count and strict balance to make them still run.maybe open another one , demo account for attach to trade explore to make them silent
{quote}
him at his word. He has nothing to gain from posting false information.
Can you imagine what this thread would have been like without his participation?
I can tell you, it wouldn't be where it is today. That's for sure!
- #48,632
- Edited 4:40am May 11, 2013 4:21am | Edited 4:40am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} just keep slagging me off. you still don't get it.
-tah
- #48,633
- Edited 4:35am May 11, 2013 4:24am | Edited 4:35am
- | Joined Jan 2010 | Status: Trader | 623 Posts
{quote} as i read sonicdeejay posts in recent days, he caution against averaging down and adding to losing positions i see position building and averaging down are two different money management strategy averaging down without a pre-determined cut loss level is very dangerous and can blow trading account what is your understanding on this
This approach may LOOK the same as that, but it's not. I'm certain TAH has a predesignated level
where he would close the entire trade if he sees PVSRA telling him the sentiment has changed. The
key to what he is doing is trading in SMALLER amounts. I can't stress that enough. In my example
before, 0.06 is equal to 0.01 six times. How can that be any worse? It can't, and in fact, you will
have lowered your risk by doing it in that manner!
EDIT: as an added note, adding entries to a PVSRA trade is NOT "adding to losing positions."
"Adding to losing positions" is when you think a trade should go in one direction, and it goes in
the opposite direction and you keep adding to it in hopes that it will turn around.
When adding entries to a PVSRA trade, it is by DESIGN. You have determined
that the MM's are building positions for a certain direction, and you are doing the
same thing as them. You do this in smaller increments than you would with one trade only.
And you continually check PVSRA to confirm the PA is progressing as originally seen.
A PVSRA trade is no different than any other trade when you see the sentiment has changed.
You bite the bullet and close the trade and get out!
- #48,634
- May 11, 2013 4:25am May 11, 2013 4:25am
{quote}
jasak
i know that some brokers limit the number of open trades positions and also maximum numbers of lots open.
i think alpari has a limit to 5 std lots open at any one time
so having many open trades adding up to the limited lots may not work and your suggestion to use trade explorer may not work out for tah
unless he open different demo accounts to show us his pvsra trades for different currency pairs
anyone with broker who set a maximum of open traded lots?
- #48,635
- Edited 4:56am May 11, 2013 4:29am | Edited 4:56am
- | Commercial User | Joined Mar 2008 | 9,070 Posts
- #48,636
- May 11, 2013 4:32am May 11, 2013 4:32am
- Joined Feb 2011 | Status: Trader | 1,825 Posts
{quote} jasak i know that some brokers limit the number of open trades positions and also maximum numbers of lots open. i think alpari has a limit to 5 std lots open at any one time so having many open trades adding up to the limited lots may not work and your suggestion to use trade explorer may not work out for tah unless he open different demo accounts to show us his pvsra trades for different currency pairs anyone with broker who set a maximum of open traded lots?
- #48,637
- May 11, 2013 4:35am May 11, 2013 4:35am
{quote} I think TAH does more than enough for us all. I, for one, believe him, and take him at his word. He has nothing to gain from posting false information. Can you imagine what this thread would have been like without his participation? I can tell you, it wouldn't be where it is today. That's for sure!
it is his attitude towards people posting here and sharing different views
tah seems to telling people off too often and that does not go down well
in some culture people are aggressive and others are more tolerant and gentle
but then reading this week post with sonicdeejay and tah i hope tah listens to sonicdeejay and make some changes and be friendly towards other people posting here
after all tah is also another member and guest in sonicdeejay thread
but i see post count tah has made a lot of posts here
but i see a character in tah and i think many people stopped posting because of tah harsh replies
- #48,638
- May 11, 2013 4:39am May 11, 2013 4:39am
{quote} he is a coder , he know what him doing , coder will think mathematic , so i think he dont need to analyze chart to much everyday
tah is a coder?
i didnt know that
i thot he is retired university professor of sort. LOL.
he remind me of my uni law tutor, hard ball type.
{quote} i dont think people here are doubting his trades here it is his attitude towards people posting here and sharing different views tah seems to telling people off too often and that does not go down well in some culture people are aggressive and others are more tolerant and gentle but then reading this week post with sonicdeejay and tah i hope tah listens to sonicdeejay and make some changes and be friendly towards other people posting here after all tah is also another member and guest in sonicdeejay thread but i see post count tah has made...
I know sometimes the language differences can create issues, but also some people level verbal attacks.
It isn't always easy to determine which is which. Actually, I think TAH has been showing more leniency
lately, but sometimes it can get to be too much to bear. I've been personally attacked in a forum
before, and believe me, it isn't much fun!
The only thing i would suggest is to just totally ignore the negative comments. It takes two to
fight, and it would wither on the vine if left alone.
Just my two cents worth.
